VanEck has launched a SUI-based exchange-traded note (ETN) listed on Euronext Amsterdam and Paris, expanding access to the SUI token for European investors across 15 countries. The firm emphasizes Sui's advanced technology and scalability, highlighting its potential for growth in the blockchain space. Additionally, VanEck has introduced staking rewards for its Solana ETN, enhancing value for investors.
VanEck has launched a new SUI-based exchange-traded note (ETN) listed on Euronext Amsterdam and Euronext Paris, expanding access to the SUI token for European investors across over 15 countries. The firm emphasizes Sui"s advanced technology and scalability, with support from Bank Frick for security protocols. Additionally, VanEck has introduced staking rewards for its Solana ETN, enhancing investment opportunities in the cryptocurrency space.
VanEck Europe has launched a new exchange-traded note (ETN) based on the SUI token, allowing investors in over 15 European countries to gain exposure without direct ownership. This launch coincides with SUI reaching an all-time high of $3.43, reflecting strong market interest and confidence in its growth potential. The ETN is fully backed by SUI tokens and aims to provide a simple investment avenue into the innovative Sui blockchain, known for its efficiency and low transaction costs.
VanEck Europe has launched a new exchange-traded note (ETN) based on the SUI token, allowing investors in over 15 European countries to gain exposure without direct ownership. This launch coincides with SUI reaching an all-time high of $3.43, reflecting a 443% increase over the past year. The ETN is fully backed by SUI tokens and aims to meet the growing demand for innovative blockchain solutions, highlighting Sui's efficiency and low transaction costs.
VanEck has launched the VanEck Sui ETN on Euronext Amsterdam and Paris, allowing investors to engage with the SUI token without direct ownership. Sui, a decentralized smart contract platform by Mysten Labs, is designed for quick transaction finalization and low costs, making it a viable alternative to older blockchains. With SUI currently trading at $3.32 and a recent milestone of $28 billion in DEX trading volume, there is potential for its price to reach $5 amid a bullish trend.
VanEck has launched the VanEck Sui ETN on Euronext Amsterdam and Paris, allowing investors to engage with the SUI token without direct ownership. Sui, developed by Mysten Labs, offers rapid transaction processing and user-friendliness, making it ideal for decentralized finance and real-time applications. The ETN is fully collateralized and secured by Bank Frick, with a total expense ratio of 1.5%, though investors should be aware of potential volatility.
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